what percentage of profit is earned when bananas are bought at Rs.7 per dozen and sold at Rs. 65 per 100?
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Answer:
C.P. of 100 oranges = Rs. 350
S.P of 12 oranges = Rs. 48
S.P of 100 oranges = Rs.
12
48
×100= Rs. 400
Profit =400−350= Rs. 50
∴ Profit % =
350
50
×100=
7
100
=14 2/7%
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